German lawmakers quiz Merkel, ministers over Wirecard scandal | The Guardian Nigeria News - Nigeria and World News

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Germany's finance minister faces a grilling Thursday by lawmakers probing the collapse of payments firm Wirecard in a parliamentary inquiry that would also put Chancellor Angela Merkel in the hot seat.

German Chancellor Angela Merkel attends an event to open the so-called Girls’ Day on April 21, 2021 at the chancellery in Berlin. – Every year technical enterprises, universities, and research centres are invited to organise an open day for girls. According to the organisers, Girls’Day has evolved for companies “as an important instrument of their recruitment policy”.

Once a rising star in the booming fintech sector, Wirecard filed for bankruptcy last year after admitting that 1.9 billion euros was missing from its accounts. Her intervention has raised eyebrows because journalists were already voicing doubts about Wirecard’s books at the time. That, in turn, “raises the question of the political responsibility of Olaf Scholz and his state secretaries,” said Matthias Hauer, a conservative MP on the committee.

Bafin also controversially filed a complaint against two Financial Times journalists who reported about irregularities at Wirecard, while dismissing their suspicions.‘Criminal behaviour’ As they grilled Economy Minister Altmaier on Tuesday, lawmakers questioned whether the ministry’s auditing watchdog APAS should have scrutinised EY’s work more closely.

 

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